Key events for the day – Rabobank

FXStreet (Delhi) – Michael Every, Research Analyst at Rabobank, lists down the key events for the day.

Key Quotes

“The UK has retail sales (consensus: -0.6% headline, -0.5% core, equivalent to 3.9% and 4.5% y-o-y, respectively, which is even better than it looks given the absence of inflation.)”

“In Europe we hear from the ECB’s Coeure, Weidmann, and Praet, and see the ECB minutes, all of which should stress that Europe is also looking to ease further (and hence EUR’s upside should be limited). Indeed, this is starting to look a lot like the ECB vs. the BOJ. (Cue soundtrack again.)”

“In the US we have initial claims and the Philly Fed (consensus: -0.5) ahead of Lockhart and Fischer speaking on the US economy and EM Asia.”
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